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Houzzle Financial’s Blake Harbin explains the concerns over increasing mortgage rates, and how that could leave a lasting effect.
MILTON, Ga., April 6, 2022 /PRNewswire-PRWeb/ — Anyone who’s trying to buy a house right now is probably experiencing growing struggles.
That’s because mortgage rates have soared to new heights, possibly the highest they’ve been in nearly four years—and with no end in sight. As a result, a lot of properties may soon end up being out of reach of potential new buyers, namely newcomers and families, just because they’re becoming so hard to afford.
Blake Harbinwho serves as CEO of Houzzle Financial, a mortgage lending company, in a Q2 announcement made on April 6expressed his concerns for this market.
“It hasn’t been this raucous since 1980,” Harbin explained, …
Full story available on Benzinga.com
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